Since Trump’s victory, the middle-of-the-road ideas, proposals crossing party lines, and common-ground platforms that once played a big role in campaign playbooks has given way to a very different type of strategy. Amid sharp political polarization and social division, the loudest voices and the most extreme ideas now get the most airtime, which is where “Modern Monetary Theory” comes in. There is a new solution to an old problem: when the numbers don’t add up, simply cast doubt on the numbers themselves.

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